How Pradhan Mantri Matsya Sampada Yojana is Shaping India’s Fishing Future

For generations, the coastal regions of India have relied heavily on fishing as an essential source of income. In recent years, India’s fisheries sector has seen incredible advancements. This involves a powerful blend of government initiatives and private-sector innovations. A major initiative driving the success of the fisheries sector now is the Pradhan Mantri Matsya Sampada Yojana.

The government is investing significantly in the PMMSY scheme. 

The ultimate goal?

It’s set to boost fish production by 70 lakh tons, double fisheries exports to Rs. 1,00,000 Crores, and create 55 lakh new jobs. This is all set to make a real difference for fishers, fish farmers, and the country’s food security.

Let’s dive into the PMMSY fisheries scheme, which brings a new era of prosperity to India’s fishing communities.

PMMSY Scheme

PMMSY full form is Pradhan Mantri Matsya Sampada Yojana.

The Pradhan Mantri Matsya Sampada Yojana Launch Date is 10th September 2020. The Ministry of Fisheries, Animal Husbandry, and Dairying launched this fisheries scheme. It is a major initiative aimed at revolutionising the fisheries sector in India.

The scheme has received a substantial investment of ₹20,050 crores. This funding aims to drive the “Blue Revolution” in the fisheries sector. The initiative focuses on promoting sustainable and responsible growth in fisheries.

It will operate over the next five years, from FY 2020-21 to FY 2024-25.

So, what’s the goal of the PMMSY scheme?

The scheme aims to address critical issues in the Indian fisheries sector. It focuses on expanding fish production and productivity. It also aims to upgrade technology and improve infrastructure. The plan is to modernise the entire value chain.

This will make fish farming more efficient. Ultimately, the goal is to ensure that fishers and fish farmers see economic and social benefits.

Here’s what PMMSY aims to achieve

It aims to improve the overall potential of the fisheries sector by utilising it in a sustainable, inclusive, and equitable manner.

1. PMMSY fisheries scheme focuses on increasing fish production and productivity. This needs to be done through strategic expansion and improved use of land and water resources.
2. Modernise and strengthen the value chain with a focus on better post-harvest management and quality improvements.
3. Pradhan Mantri Matsya Sampada Yojana (PMMSY) aims to double the incomes of fishers and fish farmers.
4. Increase the Indian fisheries sector’s contribution to agricultural growth and exports.
5. It aims to ensure comprehensive social, physical, and economic security for fishers and fish farmers.
6. Build a strong management and regulatory framework to support effective fisheries governance.

In short, PMMSY is set to transform the fisheries sector by making it more productive, profitable, and sustainable.

Not only this, it also hopes to improve the well-being of those who depend on it.

Pradhan Mantri Matsya Sampada Yojana: Big Impact in the Fisheries Sector

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is making a big difference in India’s fisheries sector.

Here’s a quick look at the progress and benefits of this government scheme till date:

• Total Funding: ₹18,721.03 Crore has been approved so far.
• States/UTs Covered: 35 across the country.
• Beneficiaries: Around 1.6 million people have felt the impact directly or indirectly.

PMMSY Achievements: Transforming the Fisheries Sector with Major Milestones

Achievement	Details
Fisher Families Supported	Nearly 600,000 families have received help with livelihoods and nutrition during the off-season.
Boosting Seaweed Farming	Over 111,000 rafts and special nets are now available for seaweed cultivation.
New Aquaculture Facilities	50,710 cages and 543.7 hectares of pens have been set up for improved fish farming.
Improved Fish Transportation	26,588 new facilities have been established for easier fish transport.
Expanded Pond Area	21,958 hectares of pond area are now utilised for inland aquaculture.
Advanced Fish Farming Systems	11,995 Re-circulatory Aquaculture Systems (RAS) are in place for efficient fish farming.
More Fish Retail Options	6,774 new fish markets and kiosks, including ones for ornamental fish, have been created.
New Boats	6,498 replacement boats have been introduced for safer fishing practices.
Biofloc Technology	4,013 biofloc units are enhancing fish growth and water quality.
Ornamental Fish Units	2,356 units for rearing ornamental fish are now operational.
Better Sanitation	2,255 bio-toilets have been added to mechanized fishing vessels.
Upgraded Fishing Vessels	1,172 existing boats have been upgraded for better performance.
Fish Feed Mills	1,040 new fish feed mills and plants are now running.
New Hatcheries	837 fish and prawn hatcheries have been established.
Cold Storage Facilities	586 new ice plants and cold storage units are helping preserve fish.
Deep Sea Fishing	463 deep-sea fishing vessels are now in use.
Support Services	80 Matsya Seva Kendras are providing essential support and services to fishers.

Targets of the Pradhan Mantri Matsya Sampada Yojana (PMMSY) 2024

The Pradhan Mantri Matsya Sampada Yojana (PMMSY) is setting some exciting targets to boost India’s fisheries sector.

Here’s what the PMMSY scheme aims to achieve by 2024-25:

1. Fish Production and Productivity

• Grow fish production to 22 million metric tons.
• Raise productivity to 5 tons per hectare. This would improve the current national average of 3 tons per hectare.
• Increase the average fish consumption per person from 5 kg to 12 kg.

2.     Economic Value Addition

• Raise the fisheries sector’s contribution to Agriculture Gross Value Added (GVA) to about 9%.
• Increase export earnings to ₹1,00,000 crores, up from ₹46,589 crores in 2018-19.
• Support private investment and encourage entrepreneurship in the fisheries sector.
• Cut down post-harvest losses from 20-25% to around 10%.

3.      Enhancing Income and Employment

• Generate 5.5 million direct and indirect jobs throughout the fisheries value chain.
• Increase the incomes of fishers and fish farmers.

Benefits of the Pradhan Mantri Matsya Sampada Yojana (PMMSY)

The Pradhan Mantri Matsya Sampada Yojana offers a range of benefits to boost the fisheries sector in India.

1. Financial Assistance for Fishing Infrastructure

The scheme provides financial support to develop essential fishing infrastructure. This includes:

• Building fishing harbors and fish landing centers.
• Developing fish markets and fish feed plants.
• Setting up fish seed farms and fish processing units.

2. Financial Assistance for Fish Farmers

Fish farmers receive financial help for:

• Constructing ponds, cages, hatcheries, and nurseries.
• Installing aeration systems and other necessary equipment.

3. Assistance for Fisheries Management

To improve fishery management, the PMMSY scheme offers:

• Financial support for adopting scientific management methods.
• Setting up fishery management plans.
• Developing fishery information systems.

4. Credit-Linked Subsidy

The Pradhan Mantri Matsya Sampada Yojana scheme encourages fish farming as a business by providing:

• Credit-linked subsidies to help fish farmers get started and grow their businesses.

5. Support for Marketing and Export

the PMMSY fisheries scheme provides:

• Assistance for developing cold chains, fish processing units, and packaging facilities.
• Support the promotion of the export of fish products.

Who Can benefit?

Let us take a look!

Beneficiaries of PMMSY Fisheries Scheme

The PMMSY scheme is eligible for the following:

1. Fishers- Individuals engaged in fishing.
2. Fish Farmers are involved in fish farming activities.
3. Fish Workers and Fish Vendors
4. Fisheries Development Organizations
5. Self-Help Groups (SHGs) / Joint Liability Groups (JLGs) working in the fisheries sector.
6. Fisheries Cooperatives Societies
7. Fisheries Federations
8. Entrepreneurs and Private Firms in the fisheries sector.
9. Fish Farmers Producer Organizations/Companies (FFPOs/Cs)
10. SCs/STs/Women/Differently Abled Persons
11. Government bodies at the state and union territory level.
12. State Fisheries Development Boards (SFDB)
13. Central government departments and organisations involved in fisheries.

Pradhan Mantri Matsya Sampada Yojana (PMMSY) Apply Offline

If you’re interested in benefiting from the Pradhan Mantri Matsya Sampada Yojana, here’s a simple guide on how to apply:

For the Centrally Sponsored Scheme Component:

1. You must create a Self-Contained Proposal or Detailed Project Report (DPR). However, you must do it by following the operational guidelines of PMMSY.
2. Next, you must submit your proposal to the District Fisheries Officer in your district. You can also hand it over to the district where you plan to start your fisheries development activities.

For the Central Sector Scheme Component:

1. You need to submit your proposal directly to the Department of Fisheries, Government of India.
2. You can send your proposal at the address below:
   

The Secretary Department of Fisheries Ministry of Fisheries, Animal Husbandry, and Dairying Government of India Room No-221, Krishi Bhawan New Delhi – 110 001
Or, Email it to: [email protected]

Note: Before submitting your proposal, you can consult with the District Fisheries Officer. They can guide the submission process.

Pradhan Mantri Matsya Sampada Yojana Online Apply

In order to apply for PMMSY fisheries scheme online, you can do it from their official website- pmmsy.dof.

You can download the application form by logging in here: pmmsymis.dof.

PMMSY Scheme Documents

To complete your application, you’ll need the following documents:

• Aadhaar card as proof of identity.
• PAN card for tax identification.
• Your bank account details for financial transactions.
• Business registration certificate
• Project report
• Land documents
• Partnership Deed or Memorandum of Association (MOA)
  

Note: The specific documents required might vary based on your project’s nature and type.

You may also want to know the Pradhan Mantri Jan Dhan Yojana (PMJDY)

FAQs| Pradhan Mantri Matsya Sampada Yojana

Source: PMSSY

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